If you’ve been grocery shopping lately, you’ve probably noticed that food prices are still climbing.
Consumer News: Largest 12-month food price hike since 1981, new legislation could impact 401(k) programs
Consumer News: Where prices at the pump stand in the Midlands and across the country
Prices are rising from gas to the grocery store. New numbers on inflation suggest the economy is seeing its biggest increase in prices in more than 30 years.
The prices of food and gas are going up, and some experts fear inflation will get worse. Residents in President Biden’s hometown of Scranton, Pennsylvania say they’re already feeling the impact.
The extreme dry weather afflicting the western part of the U.S. could have economic impacts across the entire country, especially when it comes to your food prices. The drought is causing major disruptions to the agriculture industry, including bees.
Is your grocery bill going up? Global food prices have surged to their highest level in a decade, according to the United Nations’ food price index.
During the pandemic, you may have spent a lot of time in your kitchen, so you might be in search of ways to save. Many of us fall into this trap where we toss something into the back of the freezer or pantry and forget about it.
One year into a crushing pandemic, and food prices continue to rise after a 3.9% increase in 2020 from 2019, according to the U.S. Bureau of Labor Statistics. The U.S. Department of Agriculture expects another increase of 2 or 3% for food prices in 2021.
